From LaBelle, Florida for Hendry and Glades County and the Lake Okeechobee region. Don Browne, editor.

Saturday, January 26, 2013

Seacoast Offering Small Business Loans

SBA Loans Approved At Seacoast National BankLABELLE, FL. -- Seacoast National Bank has been approved by the U.S. Small Business Administration as an SBA lender. As an SBA approved lender, Seacoast National Bank will participate in both the 7(a) and 504 programs.

Most creditworthy, for-profit entities are eligible and funds can be used for a wide range of purposes including working capital, inventory, furniture and fixtures, machinery and equipment, owner-occupied real estate (including construction, renovations and refinancing), business acquisition, and debt refinancing.

“We believe this program, along with our participation as a Capital Access Program lender, will allow us to assist the small business owners in our community to acquire the financing necessary to grow their businesses,” said Russ Holland, Chief Lending Officer, Seacoast National Bank.

“The SBA loan program is another great addition to our full suite of loan products we offer small businesses. And, because decisions are made locally, business owners can expect a quick resolution to their operating challenges. We are a very competitive banking solution for small business.”

Small Business Administration loans offer multiple benefits to business owners including larger loan amounts, longer loan terms, and lower equity requirements. For more information about an SBA loan, or to talk with a lending officer experienced in business loan alternatives, call Joshua Harris, Specialty Finance Manager at Seacoast National Bank at 772.221.2589 or email Joshua.Harris@SeacoastNational.com